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Hyundai Accent 2018 1.6L GL Car Loan Calculator in KUWAIT

To finance this car, you can first calculate the installment price in KUWAIT

select car *

car price (KWD)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

KWD 250

Down Payment

KWD 740

Total Cost

KWD 3,740

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1KWD 250KWD 2,750
2KWD 250KWD 2,500
3KWD 250KWD 2,250
4KWD 250KWD 2,000
5KWD 250KWD 1,750
6KWD 250KWD 1,500
7KWD 250KWD 1,250
8KWD 250KWD 1,000
9KWD 250KWD 750
10KWD 250KWD 500
11KWD 250KWD 250
12KWD 250KWD 0

Monthly Payment Composition

Interest: 4
Principal: 246

Hyundai Accent 2018 1.6L GL Car Loan Calculator FAQs in Kuwait

  • In Kuwait, you can choose between various banks that offer auto loans specifically for the Hyundai Accent 2018 1.6L GL. These may include fixed-rate loans, variable-rate loans, and installment plans. It's best to compare interest rates and terms before making a decision.
  • To apply for an auto loan, you need to visit the bank of your choice and provide necessary documents such as your ID, proof of income, and the vehicle details. Some banks also allow online applications.
  • Yes, taking an auto loan can affect your credit score. Timely payments can improve your score, while late payments can harm it. It's important to manage your payments responsibly.
  • Before applying, consider the interest rates, loan terms, your monthly budget, and any additional fees. Make sure you understand the total cost of the loan, including insurance and maintenance.
  • Factors influencing interest rates include your credit score, loan amount, loan term, and the bank's policies. Economic conditions and market rates also play a significant role.